Daily Current Affairs and GK | 7 December 2025

Topic: Corporates/Companies

1. SEBI has given in-principle approval of registration to Raajmarg Infra Investment Trust (RIIT).

• On 5 December, National Highways Authority of India (NHAI) received SEBI's approval.
• SEBI has given approval to RIIT as an Infrastructure Investment Trust under the SEBI (Infrastructure Investment Trusts) Regulations, 2014.
• Ministry of Road Transport and Highways said the approval will help unlock the revenue potential of national highway assets.
• The approval will also create a high-quality, long-term investment instrument mainly targeting retail and domestic investors.
• Under the process to secure final registration, the trust must meet specific conditions within next six months.
• These conditions include appointing its directors, submitting the required financial statements and complying with other regulatory requirements.
• The Raajmarg Infra Investment Trust is a public infrastructure investment Trust.
• It aims to make it possible for broad-based public participation in national highway monetisation to happen by the creating the necessary conditions.
• In November 2025, Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) was incorporated by NHAI as the Investment Manager for the Raajmarg Infra Investment Trust (RIIT).
• RIIMPL is a collaborative venture with leading banks and financial institutions, including SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd., HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank.

Topic: MoUs/Agreements

2. The International Tracked Packet Service agreement signed between India Post and Russia Post.

• On 5 December, a bilateral agreement on the International Tracked Packet Service (ITPS) was signed between the Department of Posts, India, and JSC Russia Post.
• The agreement was announced by the Ministry of Communications as a significant step in strengthening cross-border postal cooperation between India and Russia.
• Under this agreement, the ITPS facility will be offered by India Post to Indian exporters at competitive tariff rates.
• The service is intended to improve price competitiveness and enhance market access for Indian sellers in the Russian market.
• MSMEs, artisans, start-ups, and rural entrepreneurs are expected to be the primary beneficiaries of this initiative.
• The agreement will enable Indian sellers to access Russian e-marketplaces with affordable logistics and dependable delivery timelines.
• The move reflects a shared commitment by both nations to deepen bilateral trade and promote digital commerce.
• Strengthened collaboration in postal and logistics services has been highlighted as a key objective of the agreement.
• The ITPS framework aims to create a cost-effective, trackable, and reliable logistics channel for low-value consignments.